Stable Policy Key for Companies' Restructuring-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Air pollution
  • Macroeconomics
  • Production data
  • Zinc
  • Futures movement
  • Aluminium
  • hydrogenation stations
  • Nickel
  • Copper
  • nickel laterite
  • In the United States
  • Morning comments
  • Market commentary
  • Nickel ore

Stable Policy Key for Companies' Restructuring

Industry News 08:43:51AM Jan 17, 2013 Source:SMM

2013-01-16 (China Daily) -- The government should create a stable policy environment and a fair competition scheme for the restructuring process of companies, scholars and experts said at a forum.

"The government must guard against a changeable policy, and let the market play a bigger role in choosing pillar industries and controlling production scale," Li Wei, director of the Development Research Center of the State Council, said at the 11th China Enterprises Development Forum.

This year is regarded as a key period for Chinese companies to quicken their restructuring process.

"With the rising labor costs, companies should sharpen their competitiveness by investing more in innovation, branding and service improvement," Li added.

 

 

Price

more
#1 Refined Cu
Oct.18
46740.0
40.0
(0.09%)
Aluminum Ingot
Oct.21
13960.0
-40.0
(-0.29%)
#1 Lead
Oct.21
16975.0
-50.0
(-0.29%)
0# Zinc
Oct.21
19040.0
160.0
(0.85%)
#1 Tin Ingot
Oct.21
138000.0
-1500.0
(-1.08%)

Stable Policy Key for Companies' Restructuring

Industry News 08:43:51AM Jan 17, 2013 Source:SMM

2013-01-16 (China Daily) -- The government should create a stable policy environment and a fair competition scheme for the restructuring process of companies, scholars and experts said at a forum.

"The government must guard against a changeable policy, and let the market play a bigger role in choosing pillar industries and controlling production scale," Li Wei, director of the Development Research Center of the State Council, said at the 11th China Enterprises Development Forum.

This year is regarded as a key period for Chinese companies to quicken their restructuring process.

"With the rising labor costs, companies should sharpen their competitiveness by investing more in innovation, branding and service improvement," Li added.